Adjustable-rate Sentence Examples

adjustable-rate
  • The adjustable rate escapement shown in below resembles the inverse escapement in **** .

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  • To offset the risk associated with an adjustable rate mortgage, some lenders offer various ' capping ' options.

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  • When you think of the diffferent types of mortgage options, you may think of fixed and Adjustable Rate Mortgages, but there is a lot more to know about mortgages than that.

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  • Rather than thinking about Fixed Rate Mortgages and adjustable rate mortgages (ARMS), it is better to start off thinking in terms of a conventional or government mortgages loans.

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  • With an adjustable rate mortgage (ARM), your interest rate is directly tied to economic indicators, meaning the amount of interest you pay during a given period can fluctuate, sometimes to the tune of several hundred dollars a month.

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  • Like most lenders, Countrywide has a large variety of home mortgages, including home equity mortgage loans, adjustable rate mortgages, and low down-payment options.

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  • This adjustable rate mortgage lets homebuyers chose their monthly payment option.

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  • With this increase, lenders are finding more customers who want to stick to traditional financial options while shying away from things like Adjustable Rate Mortgages.

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  • Other options that may be available are variable rate mortgages or adjustable rate mortgages.

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  • The two most common types are fixed and adjustable rate (ARM).

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  • For example, you can click a button to find out the impact on interest paid and payment amounts by switching the worksheet to figure an adjustable rate mortgage.

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  • The comes in useful when looking at Adjustable Rate Mortgages Finally, you can calculate interest-only payment options.

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  • All situations are different, but homeowners who have Adjustable Rate Mortgages may need to switch to a fixed-rate option due to changes in employment status, marital status, or health status.

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  • If the answer is yes to all three questions, an adjustable rate mortgage may be right for you.

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  • A refinance can also help you get rid of that unpredictable adjustable rate mortgage and into a lower fixed rate.

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  • If you have an adjustable rate mortgage, consider switching to a fixed rate.

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  • For example, interest rates may have dropped since you obtained your mortgage, or perhaps that adjustable rate mortgage isn't working out quite as good as it once was.

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  • Your best bet is to learn the ins and outs of adjustable rate mortgages before you start shopping.

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  • As the rates in these indexes move up, so does your adjustable rate.

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  • Though there are benefits to getting an adjustable rate mortgage (ARM), there are also drawbacks to choosing this rate type over a fixed rate.

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  • Unless you want to wind up with an adjustable rate mortgage you are probably going to pay a higher interest rate than the one you see on the commercial.

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  • Hello, I am currently involved in an adjustable rate mortgage which is now adjusting to an alarming 15% interest rate.

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  • The government has responded to situations just like yours by offering programs like FHASecure, which allows people with adjustable rate mortgages to refinance into new FHA-insured loans.

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  • Plenty of homeowners are in the same situation, with an adjustable rate mortgage and rising payments.

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  • They offer loans amortized over a fifty year period which carry a lower monthly payment and a bi-weekly adjustable rate mortgage with an intro rate as low as 1.5 percent.

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  • The most popular Bank of America mortgage products for refinancing include fixed terms amortized over fifteen or thirty years and adjustable rate mortgages.

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  • This company offers both fixed rate mortgages and adjustable rate mortgages.

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  • For example, a great interest rate might instead be simply an adjustable rate mortgage, with the interest rate poised and ready to skyrocket in a year or two.

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  • Ditech's Adjustable Rate Mortgage interest rate is fixed for the first three, five, or seven years.

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  • However, it's important to remember that once the initial fixed rate period ends, the mortgage converts to an adjustable rate mortgage.

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  • The various terms they offer are also comparable to other lenders, although Encore does feature some adjustable rate mortgage terms which are not offered by many lenders.

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  • Online adjustable rate mortgage calculators can help you to see the big picture by helping to determine what your adjustable mortgage payments may be.

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  • Instead, do your research and make an informed choice when choosing between adjustable rate mortgages or a fixed rate mortgage.

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  • Jumbo loans are available in fixed-rate, interest-only and adjustable-rate varieties.

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  • The fully adjusted rate takes the current index plus the margin (a fixed number added to the index) to compute the rate on an adjustable rate mortgage.

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  • Online adjustable rate mortgage calculators can help you understand the worst case situation.

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  • Unlike the Adjustable Rate Mortgages (ARMs), the interest only mortgage (15 year), does not have a payment that fluctuates from year to year.

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  • Many people blame adjustable rate mortgages (ARMs) for the fast rise in foreclosures.

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  • The reasoning behind this is your interest rate will always be low with a fixed rate mortgage, whereas an adjustable rate mortgage secured during low interest rates probably has nowhere to go but up.

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  • Members of the military and other people who move often may benefit from an adjustable rate mortgage if the main concern is low interest rates.

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  • Interest for a fixed rate mortgage is usually priced higher than an adjustable rate mortgage.

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  • The LIBOR is simply another index by which some adjustable rate mortgages are set.

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  • A majority of subprime home loans are adjustable rate mortgages (ARM), meaning that interest rates adjust up or down, depending on a variety of economic factors.

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  • For example, individuals with adjustable rate mortgage (ARM) loans often seek fixed rate refinance options when mortgage rate trends indicate that rates will be up when it is time for the interest rate to adjust.

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  • Yahoo Real Estate - View graphs showing trends over the past six months for 15 and 30 year fixed rate mortgages and one and five year adjustable rate mortgage loans.

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  • With an adjustable-rate mortgage (ARM), the monthly payments are fixed for a certain period of time.

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  • Keep in mind that an adjustable rate mortgage (ARM) can encounter multiple interest rate increases over the years, and for this reason you want to make sure that you are looking at the bigger picture.

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  • This program was enacted to encourage homeowners to focus on 30-year fixed rate mortgages instead of lower rate adjustable rate loans that were experiencing rising default and foreclosure rates.

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  • Further, more and more of Hawaii's homeowners are defaulting on their mortgages due to the drastic spikes in their adjustable rate mortgages rates.

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  • You have the option of obtaining a Fixed Rate mortgage or the FHA's new hybrid adjustable rate mortgage (ARM).

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  • They apply these indexes to both new mortgage loans and existing adjustable rate mortgages that will eventually adjust.

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  • Tracker rate mortgages are similar to U.S. adjustable rate mortgages (ARMs).

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  • All Washington Mutual adjustable rate mortgages are based on the Libor Index.

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  • The historical index is helpful but it should not be used to forecast future interest rate changes on adjustable rate mortgages (ARMs).

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  • The main focus for these loans are homeowners who originally obtained adjustable rate mortgages (ARMs) and want to refinance into fixed rate mortgages because the monthly payments have escalated far beyond their financial capability.

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  • This rate can be used to determine rates on adjustable rate mortgages, securities, bonds and mutual funds.

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  • These schedules can also be very helpful for people with adjustable rate mortgages, since they can print out new amortization schedules as their rates change.

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  • Has a fixed or adjustable rate home mortgage that is owned or guaranteed by either Fannie Mae or Freddie Mac.

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  • Typically, the interest rate on an adjustable rate mortgage is set based on a combination of the LIBOR rate plus a margin of some pre-agreed percentage.

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  • However, some adjustable rate mortgages are based on shorter maturities such as the 1-month and 3-month rate or the longer 1-year rate.

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  • The London Inter-Bank Offered Rate is an interest rate index that is used by some lenders to set the range of interest rates offered for adjustable rate mortgages.

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  • The United States in particular uses the LIBOR as a common interest rate index offered to borrowers applying for adjustable rate mortgages.

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  • Used as an index for many adjustable rate mortgages in the United States.

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  • There are specific calculators created for refinances, balloon mortgage calculations, adjustable rate mortgages and a cash-out refinance.

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  • If you have an adjustable rate mortgage or an interest-only mortgage, this formula will not work for you.

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  • An adjustable rate mortgage may initially give you a lower interest rate than those of a fixed-rate mortgage; however, there is greater risk with the ARM because the rate is always subject to change.

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  • They also claimed be able to provide foreclosure help for other homeowners that were faced with adjustable rate mortgages or balloon payment mortgages.

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  • You may check daily for the 15-year fixed rate, the 30-year fixed rate and the rate for an adjustable rate mortgage (ARM).

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  • A 30 year fixed mortgage rate may also have a higher rate than the initial rate offered on an adjustable rate mortgage or a balloon mortgage.

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  • Many of these individuals also took risky loans, such as adjustable rate mortgages, for properties they probably couldn't afford anyway.

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  • An adjustable rate mortgage is tied to an index such as the Prime Rate or the LIBOR.

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  • These are fixed mortgages for first-time buyers (an adjustable-rate version is also available in certain situations).

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